Purchases from Unregistered dealer in Hyderabad.
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....urchases from Unregistered dealer in Hyderabad.<br> Query (Issue) Started By: - Raju Kumawat Dated:- 24-6-2015 Last Reply Date:- 29-6-2015 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>A Registered ....
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....dealer has made purchases from Unregistered dealer in Hyderabad in the FY 2014-15 and didn't disclose aforesaid purchases in VAT returns and didn't pay any taxes on those said purchases. Is t....
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....he Registered dealer liable to pay Taxes on said purchases? If yes, what is the rate and when could claim input credit of the same? Regards Reply By YAGAY AND SUN: The Reply: Dear Raju, If such....
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.... goods are disposed off other than by way of sale in the Telangana State, then, you would have to pay the purchase tax at appropriate rate either 5% or 14.50% depending on the classification of such g....
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....oods. Not showing the goods in the VAT return is an offense. Regards, YAGAY and SUN (Management, Business & Indirect Tax Consultants)<br> Discussion Forum - Knowledge Sharing ....